Hedera Hashgraph, the enterprise blockchain platform, has presented a proof-of-concept (PoC) to the Texas Secretary of State, showing the potential of blockchain technology to issue, secure, and verify documents.
It has been reported that the PoC was a collaboration with content services provider, Hyland, and was spearheaded by the trade association, the Texas Blockchain Council.
However, it centers on a system for issuing electronic Apostilles, a method for verifying that the seals and signatures on documents issued by public authorities are authentic.
The report said that an Apostilled document is recognized internationally as legally valid in the 118 countries that are parties to the Apostille Convention, which originally dates from 1961.
Created in 2020, the aim of the Texas Blockchain Council was to develop the state into a blockchain-friendly jurisdiction, as they seek to both promote the technology’s use within local companies and prompt the state as a location for existing blockchain businesses and investors.
Hedera Hashgraph tells @TXsecofstate: You could be using #blockchain to issue electronic Apostilles https://t.co/CqLc2186qC — Cointelegraph (@Cointelegraph) January 11, 2021
According to the report, Hedera Hashgraph has established a strong presence in the state with Mance Harmon, the CEO of Hedera.
Thus, he said:
“We’re thrilled to show the Texas Secretary of State and Hyland how blockchain/public ledgers enable government agencies to cost-effectively deliver next-generation services to their constituents”
Source: Cointelegraph